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FannySS Donating Member (110 posts) Send PM | Profile | Ignore Wed Dec-01-04 07:25 PM
Original message
Were STOCKS involved in Inside trading?
Edited on Wed Dec-01-04 07:29 PM by FannySS
Have STOCKS been involved in Inside Trading? As far as I know Inside Trading might has happened with OPTIONS (puts / calls), but NOT with (usual) STOCKS. Stocks of AA (AMR Corp) and UA (UAL Corp) didn´t have suspicious peaks before the attacks.

Is this right?

Sorry for asking,
Fanny
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Worst Username Ever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 07:28 PM
Response to Original message
1. Insider trading generally always involves stocks.
Options are just another way of buying and selling stocks. Basically insider trading is just when you find out some non-public info on a company and buy or sell shares based on that. Whether you buy and sell them the conventional way or through options does not matter...
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 07:28 PM
Response to Original message
2. Er.. sort of.
The major cable networks had financial advisors that would come on and recommend certain stocks, and it was discovered that the f.a's also happened to own those stocks. Most laymen would find that to be a conflict of interest, but it was at least unethical.

Nothing like having your own time slot to whisper your own numbers to millions of people.
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FannySS Donating Member (110 posts) Send PM | Profile | Ignore Wed Dec-01-04 07:32 PM
Response to Original message
3. But Stocks of AA and UA were unsuspicious, weren´t they?
Stocks of AA (AMR Corp) and UA (UAL Corp) didn´t have suspicious peaks before the attacks.

Does anyone have contradicting information about this?

Fanny
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DulceDecorum Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-04 03:26 AM
Response to Original message
4. Bonds, Mo Bonds.
H.R.2899 :
To authorize the Secretary of the Treasury to issue Freedom Bonds in response to the September 11, 2001, hijackings and attacks on the Pentagon and the World Trade Center, and for other purposes.
H.R.2900 :
To authorize the issuance of Victory Bonds in response to the acts of terrorism perpetrated against the United States on September 11, 2001, and for other purposes.
H.R.2930 :
To provide for creation of a Counter-terrorism Trust Fund, to provide for the issuance of Freedom Bonds, to allow taxpayers to contribute income tax refunds and other amounts to support counter-terrorism efforts, and for other purposes.
H.R.3021 :
To authorize the issuance of United States Defense of Freedom Bonds to aid in funding of the war against terrorism, and for other purposes
S.AMDT.1815 to S1438:
To express the sense of the Senate that the Secretary of the Treasury should immediately issue savings bonds, to be designated as "Unity Bonds", in response to the terrorist attacks against the United States on September 11, 2001.
S.1431 :
A bill to authorize the Secretary of the Treasury to issue War Bonds in support of recovery and response efforts relating to the September 11, 2001 hijackings and attacks on the Pentagon and the World Trade Center, and for other purposes.
S.1432 :
A bill to authorize the issuance of United States Defense of Freedom Bonds to aid in funding of the war against terrorism, and for other purposes.

In case you are wondering why they are issuing all those Liberty bonds:


What caused the debt that United States now has?
The total public debt is largely a legacy of war,
economic recession,
and inflation.
http://www.treas.gov/education/faq/markets/national-debt.shtml

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FannySS Donating Member (110 posts) Send PM | Profile | Ignore Thu Dec-02-04 06:12 AM
Response to Original message
5. Doesn´t have anyone a chart of AMR Corp and UAL Corp STOCKS?
Stocks of AA (AMR Corp) and UA (UAL Corp) didn´t have suspicious peaks before the attacks, as far as I know. But I would like to check this. Unfortunately I do not find a chart for theses stocks for 2001.
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DulceDecorum Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-03-04 03:52 AM
Response to Reply #5
6. No
and you aren't going to find one here.
Besides which,
the UAL and AMR stocks DID show suspicious activity.
Google it.
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RH Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 03:07 PM
Response to Reply #6
9. I have not yet seen

any report of suspicious activity dated prior to 9/11/2001.

It was only afterwards that any activity within the week or two before was thought to be unusual.

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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-04-04 12:14 AM
Response to Original message
7. This might be of interest
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pberq Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 02:44 PM
Response to Original message
8. Massive and well-documented insider trading
Here are just three sources of info on insider trading the day before 9/11. For more, see "Crossing the Rubicon", Chapter 14, by Michael Ruppert


http://www.cbsnews.com/stories/2001/09/19/eveningnews/main311834.shtml

<snip>
Sources tell CBS News that the afternoon before the attack, alarm bells were sounding over unusual trading in the U.S. stock options market.

An extraordinary number of trades were betting that American Airlines stock price would fall.

The trades are called "puts" and they involved at least 450,000 shares of American. But what raised the red flag is more than 80 percent of the orders were "puts", far outnumbering "call" options, those betting the stock would rise.

http://www.themodernreligion.com/terror/wtc-unusualtrading.html

<snip>
U.S., Germany, Japan Investigate Unusual Trading Before Attack
By Judy Mathewson and Michael Nol, Bloomberg Financial News, 18 September 2001

Washington, Sept. 18 (Bloomberg) -- Trading skyrocketed in options that bet on a drop in UAL Corp. and AMR Corp. stock in the days before terrorists crashed hijacked United and American airlines jets into the World Trade Center and the Pentagon.

Morgan Stanley Dean Witter & Co., which occupied 22 floors of the 110-story 2 World Trade Center, and Merrill Lynch & Co., with headquarters near the destroyed twin towers, also experienced pre- attack trading of 12 times to more than 25 times the usual volume in so-called put options that profit when stock prices fall, according to Bloomberg data.

www.globalresearch.ca/articles/RUP204A.html
<snip>
The documented pre-Sept. 11 insider trading that occurred before the attacks involved only companies hit hard by the attacks. They include United Airlines, American Airlines, Morgan Stanley, Merrill-Lynch, Axa Reinsurance, Marsh & McLennan, Munich Reinsurance, Swiss Reinsurance, and Citigroup.

In order to argue that the massive and well-documented insider trading that occurred in at least seven countries immediately before the attacks of Sept. 11 did not serve as a warning to intelligence agencies, then it is necessary to argue that no one was aware of the trades as they were occurring, and that intelligence and law enforcement agencies of most industrialized nations do not monitor stock trades in real time to warn of impending attacks. Both assertions are false. Both assertions would also ignore the fact that the current executive vice president of the New York Stock Exchange (NYSE) for enforcement is David Doherty, a retired CIA general counsel. And also ignored is the fact that the trading in United Airlines stock -- one of the most glaring clues -- was placed through the firm Deutschebank/Alex Brown, which was headed until 1998 by the man who is now the executive director of the CIA, A.B. “Buzzy” Krongard.

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DulceDecorum Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 08:58 PM
Response to Reply #8
10. Deleted
Edited on Sun Dec-05-04 09:00 PM by DulceDecorum


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k-robjoe Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-16-04 11:39 AM
Response to Original message
11. Something I came across
Don´t know how good it is.





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FannySS Donating Member (110 posts) Send PM | Profile | Ignore Thu Dec-16-04 06:32 PM
Response to Reply #11
12. Sorry, but that´s rubbish ...
Edited on Thu Dec-16-04 06:32 PM by FannySS
It´s impossible to see a time index and it´s just too small to see the index on the right side.

Compaire the "chart" of AA with the real one, that I found at Citibank:




That doesn´t seem to be suspicious. (Please note that AA´s mothercorporation is AMR; the "gap" in the chart is the time the stock market was suspended after 9/11.)

So again we learn that "Andreas Bunkahle" (from which is your info) is a cheater...

Fanny
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